NOT LISTED FOR SALE

2055 Desmond Cove Germantown, TN 38139

Estimated Value: $529,793 - $670,000

5 Beds
2.5 Baths
3,400-3,599 Sq Ft
$167/Sq Ft Est. Value

Last Sold July 07, 2020

Last sale price $440,000 $122 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,468/month

Highlights

  • Gated Parking
  • Updated Kitchen
  • Wood Flooring
  • Farmington Elementary School Rated A
  • English Architecture
  • 2 Fireplaces

About This Home

As of July 2020

One of a kind renovated, large home in the heart of Germantown! New floors, roof, VIKING appliances, counter tops, bathrooms! Plantation shutters everywhere! Three large living areas downstairs. All bathrooms are renovated. Quartz and granite counter tops!Two fireplaces! Huge fenced backyard. Detached garage has a large workshop! Iron security gate. Large laundry room. Raised flower beds. New hardware and light fixtures. Such a lovely property!

Last Agent to Sell the Property

Melinda Merkle

Crye-Leike, Inc., REALTORS License #268938 Listed on: 09/27/2019

Crye-Leike, Inc., REALTORS

Co-Listed By

Brenda Merkle

Crye-Leike, Inc., REALTORS License #15667

Last Buyer's Agent

Heather Durham

Groome & Co. License #336969

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,396

Year Built

  • Built in 1975

Lot Details

  • 0.44 Acre Lot
  • Wood Fence
  • Brick Fence
  • Landscaped
  • Level Lot
  • Few Trees

Home Design

  • English Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,400-3,599 Sq Ft Home
  • 3,536 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • 2 Fireplaces
  • Fireplace Features Masonry
  • Entrance Foyer
  • Great Room
  • Separate Formal Living Room
  • Dining Room
  • Bonus Room
  • Play Room
  • Storage Room
  • Keeping Room
  • Iron Doors

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Attic

  • Attic Access Panel
  • Permanent Attic Stairs

Parking

  • 2 Car Detached Garage
  • Workshop in Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Gated Parking

Outdoor Features

  • Cove
  • Patio

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Farmington Sec H Subdivision

Listing and Financial Details

  • Assessor Parcel Number G0220C C00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,396

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: English
  • Detached Unit Type: General Residential
  • Cross Street: Pine Valley
  • MLS Map #: 862B
  • MAAR Subdivision Name: FARMINGTON SEC H
  • List Price Per Sq Ft: 140
  • Number Of Stories: 2
  • Price Per Sq Ft: 124.43
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3536
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up, Renovated Bathroom, Half Bath Down
  • Estimated Heated Sq Ft Range: 3400-3599
  • Bedroom 2 Description: Level 2, Carpet
  • Bedroom 3 Description: Level 2, Carpet
  • Bedroom 4 Description: Level 2, Carpet
  • Bedrooms: 5
  • Fireplace: Masonry
  • Floors/Ceilings: Part Hardwood, Part Carpet, Smooth Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Disposal, Dishwasher
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Great Room, Updated/Renovated Kitchen, Breakfast Bar, Pantry, Washer/Dryer Connections, Keeping/Hearth Room
  • Misc Interior: Walk-In Closet(s), Permanent Attic Stairs, Attic Access
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Play Room, Bonus Room, Entry Hall, Storage Room
  • Total Bathrooms: 2.1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Patio, Brick/Ironed Fence
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2D
  • Parking Storage: Workshop(s), Garage Door Opener(s), Back-Load Garage, Gated Parking

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Gas Water Heater, 2+ Water Heaters, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Cove, Landscaped, Wood Fenced, Brick/Stone Fenced
  • Lot Number: 638
  • Acreage: 0.44
  • Keeping Hearth Dimension: 16x13
  • Lot Size: 129.635 / 135 X 149.635 / 155
  • Price Per Acre: 1125000

Multi Family

  • Number Of Rooms: 10

Tax Info

  • Assessor Parcel Number: G0220C C00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2019
Closed on
Jul 7, 2020
Sold by
Barnett Edwin Walter
Bought by
Castellaw Michael A and Castellaw Mandy W
Seller's Agent
Melinda Merkle
Crye-Leike, Inc., REALTORS
Buyer's Agent
Heather Durham
Groome & Co.
List Price
$565,000
Sold Price
$440,000
Premium/Discount to List
-$125,000
-22.12%
Current Estimated Value
$600,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,698
Avg. Annual Appreciation
4.71%
Original Mortgage
$396,000
Outstanding Balance
$354,262
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$205,562
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Castellaw Michael A $440,000 Realty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castellaw Michael A $396,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2020 07/07/20 Sold $440,000 -11.1% $129 / Sq Ft
11/12/2019 11/12/19 Price Changed $495,000 -5.7% $146 / Sq Ft
10/10/2019 10/10/19 Price Changed $525,000 -7.1% $154 / Sq Ft
09/27/2019 09/27/19 For Sale $565,000 -- $166 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,396 $128,425 $22,700 $105,725
2024 $3,396 $100,175 $18,450 $81,725
2023 $5,237 $100,175 $18,450 $81,725
2022 $5,072 $100,175 $18,450 $81,725
2021 $5,209 $100,175 $18,450 $81,725
2020 $5,135 $85,575 $18,450 $67,125
2019 $0 $85,575 $18,450 $67,125
2018 $3,466 $85,575 $18,450 $67,125
2017 $5,203 $85,575 $18,450 $67,125
2016 $3,380 $77,350 $0 $0
2014 $3,380 $77,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Melinda Merkle

    Seller's Agent in 2020

    Melinda Merkle

    Crye-Leike

    (901) 335-3435

    1 in this area

    55 Total Sales

    Melinda Merkle
    Section Image
  • Brenda Merkle

    Seller Co-Listing Agent in 2020

    Brenda Merkle

    Crye-Leike

    (901) 748-1889

    1 in this area

    18 Total Sales

    Brenda Merkle
    Section Image
  • Heather Durham

    Buyer's Agent in 2020

    Heather Durham

    Groome & Co.

    (901) 206-7108

    12 in this area

    120 Total Sales

    Heather Durham
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10062894

Memphis Area Association of REALTORS®

APN: G0-220C-C0-0001

Tennessee Shelby County Germantown 38139

2055 Desmond Cove, Germantown, TN

This home is located at 2055 Desmond Cove, Germantown, TN 38139 since 27 September 2019 and is currently estimated at $600,698, approximately $166 per square foot. This property was built in 1975. 2055 Desmond Cove is a home located in Shelby County with nearby schools including Farmington Elementary School, Houston Middle School, and Houston High School.

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